M/s. RAINBOW SILKS, MUMBAI v. ACIT - 14(1), MUMBAI

ITA 880/MUM/2007 | 1998-1999
Pronouncement Date: 14-05-2010 | Result: Dismissed

Appeal Details

RSA Number 88019914 RSA 2007
Assessee PAN AAAFR1551R
Bench Mumbai
Appeal Number ITA 880/MUM/2007
Duration Of Justice 3 year(s) 3 month(s) 15 day(s)
Appellant M/s. RAINBOW SILKS, MUMBAI
Respondent ACIT - 14(1), MUMBAI
Appeal Type Income Tax Appeal
Pronouncement Date 14-05-2010
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted D
Tribunal Order Date 31-03-2011
Date Of Final Hearing 23-03-2011
Next Hearing Date 23-03-2011
Assessment Year 1998-1999
Appeal Filed On 29-01-2007
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH D MUMBAI BEFORE SHRI R.S. SYAL (AM) AND SMT. ASHA VIJAYARAG HAVAN (JM) ITA NO. 880/MUM/2007 ASSESSMENT YEAR-1998-99 RAINBOW SILKS SHOP NO. 7 1 ST FLOOR KHATTAR GALLI 38/40 THAKURDWAR ROAD MUMBAI-400 002 PAN-AAAFR1551R VS. THE ACIT-14(1) 202 2 ND FLOOR EARNEST HOUSE NARIMAN POINT MUMBAI-400 021 (APPELLANT) (RESPONDENT) APPELLANT BY: NONE RESPONDENT BY: SHRI T.T. JACOB O R D E R PER SMT. ASHA VIJAYARAGHAVAN (JM) THIS APPEAL PREFERRED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER DT. 17.11.2006 PASSED BY THE LD. CIT(A)-XIV MUMBAI FOR THE ASSESSMENT YEAR 1998-99. 2. THIS APPEAL HAS BEEN POSTED FOR HEARING ON 6.5.2 010. THE DATE OF HEARING WAS INFORMED THE PARTIES THROUGH NOTICE BOA RD. AT THE TIME OF HEARING NONE APPEARED ON BEHALF OF THE ASSESSEE. T HE ASSESSEE HAS NOT INFORMED ANY OTHER ADDRESS SO AS TO ENABLE THE REGI STRY TO SERVE THE NOTICE ON THE ASSESSEE. IN THE CIRCUMSTANCES WE P RESUME THAT THE ASSESSEE IS NOT INTERESTED IN PROSECUTING THE APPEA L. THEREFORE APPLYING THE RATIO OF DECISION IN THE CASE OF MULTIPLAN (IND IA) P. LTD. 38 ITD 320 (DEL) AND THE JUDGEMENT OF HONBLE MADHYA PRADESH H IGH COURT IN THE CASE OF ESTATE OF LATE TUKOJIRAO HOLKAR VS CWT 223 ITR 480(MP) WE DISMISS THIS APPEAL AS UNADMITTED FOR WANT OF PROSE CUTION BY THE ASSESSEE. ITA NO. 880/M/07 2 3. THE ASSESSEE SHALL HOWEVER BE AT LIBERTY TO AP PROACH THE TRIBUNAL FOR RECALLING OF THIS ORDER IF PREVENTED BY SUFFIC IENT CAUSE FOR NON- APPEARANCE ON THE DATE OF HEARING. 4. IN THE RESULT THE APPEAL FILED BY THE ASSESSEE STANDS DISMISSED. ORDER PRONOUNCED ON THIS 14 TH DAY OF MAY 2010 SD/- SD/- (R.S. SYAL) (ASHA VIJAYARAGHAVAN) ACCOUNTANT MEMBER JUDI CIAL MEMBER MUMBAI DATED 14 TH MAY 2010 RJ COPY TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT-CONCERNED 4. THE CIT(A)-CONCERNED 5. THE DR D BENCH TRUE COPY BY ORDER ASSTT. REGISTRAR I.T.A.T MUMBAI ITA NO. 880/M/07 3 DATE INITIALS 1 DRAFT DICTATED ON: 6.5.2010 SR. PS/PS 2. DRAFT PLACED BEFORE AUTHOR: 6. 5 .2010 ______ SR. PS/PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER: _________ ______ JM/AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER: _________ ______ JM/AM 5. APPROVED DRAFT COMES TO THE SR. PS/PS: _________ ______ SR. PS/PS 6. KEPT FOR PRONOUNCEMENT ON: _________ ______ SR. PS/ PS 7. FILE SENT TO THE BENCH CLERK: _________ ______ SR. PS/PS 8. DATE ON WHICH FILE GOES TO THE HEAD CLERK: _________ ______ 9. DATE OF DISPATCH OF ORDER: _________ ______